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Henkel Nigeria has outlined its plans for sustained business growth in Nigeria.
While acknowledging difficulties presented by currency fluctuations, inflation, and foreign exchange shortages, the firm restated its commitment to grow Nigeria’s market.
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Its Managing Director and Chairman, Rajat Kapur, promised: “We are committed to navigating the economic climate in Nigeria. We plan to achieve this by continuing to focus on three key areas: sourcing raw materials locally, bringing high-quality and innovative products to Nigerians, and accelerating digital transformation.”
The chief executive highlighted the company’s commitment to sustainability through impactful programmes like Researchers’ World (“Forscherwelt”) educational science workshops and the Peer-to-Peer (P2P) initiative, which equips unemployed youths with entrepreneurial skills.
He also mentioned that the company has achieved most of its 2022 goals despite the COVID-19 disruptions of 2020 and recent economic volatilities.
“We were practically on time for the past eight years and while there have been setbacks recently, we’re hopeful our measures will get us back on track,” he added.
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